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Company Registration No. 09079599 (England and Wales)
Skyfall Construction Limited Unaudited accounts for the year ended 30 June 2023
Skyfall Construction Limited Unaudited accounts Contents
Page
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Skyfall Construction Limited Company Information for the year ended 30 June 2023
Director
Vladimir Baja
Company Number
09079599 (England and Wales)
Registered Office
APEX HOUSE, 2ND FLOOR GRAND ARCADE LONDON N12 0EH ENGLAND
Accountants
Agents For Accounting Ltd Apex House, 2nd Floor Grand Arcade London N12 0EH
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Skyfall Construction Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,782 
36,501 
Current assets
Debtors
40,000 
- 
Cash at bank and in hand
213,291 
335,935 
253,291 
335,935 
Creditors: amounts falling due within one year
(75,022)
(129,072)
Net current assets
178,269 
206,863 
Total assets less current liabilities
238,051 
243,364 
Creditors: amounts falling due after more than one year
(25,636)
(6,417)
Provisions for liabilities
Deferred tax
(937)
(1,143)
Net assets
211,478 
235,804 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
211,378 
235,704 
Shareholders' funds
211,478 
235,804 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 August 2023 and were signed on its behalf by
Vladimir Baja Director Company Registration No. 09079599
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Skyfall Construction Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Skyfall Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 09079599. The registered office is APEX HOUSE, 2ND FLOOR, GRAND ARCADE, LONDON, N12 0EH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance Method - 18%
Motor vehicles
Reducing Balance Method - 18%
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
44,060 
13,515 
57,575 
Additions
36,404 
- 
36,404 
At 30 June 2023
80,464 
13,515 
93,979 
Depreciation
At 1 July 2022
12,620 
8,454 
21,074 
Charge for the year
12,212 
911 
13,123 
At 30 June 2023
24,832 
9,365 
34,197 
Net book value
At 30 June 2023
55,632 
4,150 
59,782 
At 30 June 2022
31,440 
5,061 
36,501 
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Skyfall Construction Limited Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
40,000 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
33,396 
44,406 
VAT
(1,147)
18,924 
Obligations under finance leases and hire purchase contracts
9,550 
9,226 
Taxes and social security
33,891 
37,590 
Other creditors
- 
30,219 
Loans from directors
(2,958)
(12,833)
Accruals
2,290 
1,540 
75,022 
129,072 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
25,636 
3,600 
Other creditors
- 
2,817 
25,636 
6,417 
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises
9
Loans to directors
During the year, company owed £2,958 to the director of the company.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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